The Nordic Model Towards 2030. A New Chapter?

[...]this is actually not a proper crises analysis, since even if many problems and crises are outlined, the responses to the new problems rather than explanations of the crisis form the focus of the study. [...]financial globalization and deregulation of financial markets also in the Nordic countries is recognized, but the roots of the Nordic banking crises and housing crashes, or the importance of the global financial crisis since 2007/08 remain quite open. According to the authors, low inequality has been both a result of and a prerequisite for the Nordic countries' capacity to adapt, and hence cannot be given up without consequences for trust, wage setting, and other elements of the model's effective functioning.